Stocks Hitting 52-Week Lows
Anacor Pharmaceuticals (NASDAQ: ANAC) shares declined 19.15% to touch a new 52-week low of $4.18. Anacor Pharmaceuticals announced positive preliminary results from the first of two Phase 3 trials of tavaborole, its topical anti-fungal for onychomycosis.
VMware (NYSE: VMW) shares lost 19.65% to create a new 52-week low of $79.00. VMware announced its plans to lower 900 jobs and issued a downbeat first-quarter forecast.
Pengrowth Energy (NYSE: PGH) shares dropped 2.95% to touch a new 52-week low of $4.42. Pengrowth's PEG ratio is -23.14.
Oxford Resource Partners LP (NYSE: OXF) shares touched a new 52-week low of $3.788. Oxford Resource Partners suspended distributions for its fourth quarter.
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